I am using the Dutch 3 selections automation bot which is working pretty well for me on Australian markets,
I am using $10 stakes
What I want to stake is a percentage of my bank balance (10%of$500=$50)if I win the stake would increase and if I lose of course decrease
I have tried but have had no success as it works the percentage on each individual runner
Can it be done as I’m not so great at this automation stuff yet
Cheers
Eamon
Dutching with bank percentage
Can you use 3.33% ?Eamom Hehir wrote: ↑Sun Jan 21, 2024 11:37 pmI am using the Dutch 3 selections automation bot which is working pretty well for me on Australian markets,
I am using $10 stakes
What I want to stake is a percentage of my bank balance (10%of$500=$50)if I win the stake would increase and if I lose of course decrease
I have tried but have had no success as it works the percentage on each individual runner
Can it be done as I’m not so great at this automation stuff yet
Cheers
Eamon
Calculate the percentage of your bank you wish to risk and then multiply by the individual book percentages.
For example, 10% of your $500 bank is $50. If you're dutching at odds of 10.0, 5.0 and 4.0, the book percentages are 10%, 20% and 25% respectively.
Multiply each by $50 and add up: $5 + $10 + $12.50 = $27.50.
Divide $50 by $27.50 to get your scale-up, approximately 1.82.
Then multiply the above three figures by 1.82 to get your stakes of $9.10, $18.20 and $22.75, totalling $50.05.
For example, 10% of your $500 bank is $50. If you're dutching at odds of 10.0, 5.0 and 4.0, the book percentages are 10%, 20% and 25% respectively.
Multiply each by $50 and add up: $5 + $10 + $12.50 = $27.50.
Divide $50 by $27.50 to get your scale-up, approximately 1.82.
Then multiply the above three figures by 1.82 to get your stakes of $9.10, $18.20 and $22.75, totalling $50.05.